Published March 1, 2021, 5:30 AM
Ayala Healthcare Holdings, Inc. (AC Health), through Healthway Philippines, Inc. (HPI), has completed its acquisition of a majority stake of Mercado General Hospital Inc. (MGHI).
In a disclosure to the Philippine Stock Exchange, Ayala said it purchased shares from White Knight Holdings, Inc., a wholly owned subsidiary of Ayala Land, Inc. and other shareholders.
QualiMed Hospital – Sta. Rosa, Laguna with COVID-19 Holding Area and BSL-2 Testing Laboratory (Photo credit: https://www.achealth.com.ph/ )
MGHI owns and operates the QualiMed Health Network, which includes 4 hospitals: QualiMed Sta. Rosa located in Nuvali, QualiMed San Jose Del Monte in Bulacan, QualiMed Iloilo in Iloilo City, and Daniel O. Mercado Medical Center in Tanauan, Batangas.
AC Health to acquire stake in Qualimed – The Manila Times manilatimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilatimes.net Daily Mail and Mail on Sunday newspapers.
December 23, 2020 | 12:07 am Font Size
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AYALA HEALTHCARE Holdings, Inc. has acquired the controlling stake in the company behind the Qualimed health network, boosting the Ayalaâs thrust into a sector that has become increasingly vital as the country grapples with the impact of the pandemic.
AC Health, the Ayala Corp. healthcare arm, said in a statement on Tuesday that it had signed through subsidiary Healthway Philippines, Inc. agreements to obtain a 54.2% stake in Mercado General Hospital, Inc., which owns Qualimed.
âThe addition of a hospital platform to the AC Health portfolio will allow it to leverage operational efficiencies and to offer a full suite of services across the full continuum of care,â the listed conglomerate told the stock exchange.
Ayala health arm to get control of Qualimed network inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
Published December 23, 2020, 6:00 AM
Ayala Healthcare Holdings, Inc. (AC Health), through Healthway Philippines Inc. (HPI), has signed agreements to acquire a controlling stake of Mercado General Hospital, Inc. (Qualimed), which owns or has interests in the Qualimed Health Network.
In a statement, AC Health said the addition of Qualimed expands the AC Health clinic and hospital portfolio, housed under Healthway Philippines Inc.
With the acquisition, AC Health will now have four general hospitals, more than 85 outpatient clinics, and about 80 corporate clinics, as well as the country’s first cancer specialty hospital.
“We have always believed in Qualimed’s vision to deliver accessible and affordable healthcare to Filipinos. Over the past few years, we have built a strong partnership between Qualimed and Ayala Land and we are delighted to integrate Qualimed into AC Health’s growing portfolio,” said AC Health Chairman Fernando Zobel de Ayala.